[The New York Times ]...“One of the greatest concerns is what other key countries, including China, India and Brazil, will do when the U.S. reneges on the Paris agreement,” said Robert Stavins, a professor of environmental economics at Harvard, mentioning some of the world’s other largest carbon dioxide polluters.
[Harvard Business School Working Knowledge ]...“We launched the challenge to expose students to the broad array of ways climate change is affecting organizations,” says Mike Toffel, Senator John Heinz Professor of Environmental Management at Harvard Business School and the head of the TOM course, who spearheaded the challenge. “It’s affecting the energy sector and agriculture, of course, but it’s also affecting supply chains and operations.”
[The New York Times ]...“These announcements mean that Mr. Trump is going to live up to his campaign vows, reversing course on climate, destroying much of the Obama legacy in this realm, and increasing these levels of harmful emissions,” said Robert N. Stavins, director of the environmental economics program at Harvard University.
[The Conversation ] Joseph Aldy: President Trump is expected to issue an executive order soon to reverse Obama-era rules to cut carbon pollution, including a moratorium on leasing public lands for coal mining and a plan to reduce carbon emissions from power plants.
[Standard Examiner ]...“I would personally be delighted if a carbon tax were politically feasible in the United States, or were to become politically feasible in the future,” said Harvard economics professor Robert Stavins. “At some point, the politics will change, and it’s important to be ready.”
[The Conversation ] Joseph Aldy: President Trump jettisoned more than 30 years of bipartisan regulatory policy on January 30 when he issued an executive order on “Reducing Regulation and Controlling Regulatory Costs.” The order requires that whenever a new regulation is enacted by any federal agency, regulators must eliminate two rules, so that the cost of complying with the new rule is offset by the costs associated with the two existing rules. Read more about What Trump Misses About Regulations: They Produce Benefits as Well as Costs
[ClimateWire ]...To Joe Aldy, a public policy professor at the Harvard University and climate change policy expert, there's no doubt fossil fuel extractors get tax breaks.
"Most of the subsidies in the tax code for oil and gas production are not general business tax expenditures, as [Tillerson] suggested in the testimony, but specific to hydrocarbons," Aldy said in an email.